Spot Exposure Hedging Bot

Overview

A Python-based bot to monitor and hedge spot position risks using Bybit perpetual futures, controlled via Telegram.

Setup

1. Install Python 3.8+ and libraries: pip install -r requirements.txt.
2. Get Bybit API key from Bybit.
3. Get Telegram bot token from @BotFather.
4. Update bot_hedging.py with your API token.

Risk Calculation

• Delta: Position size (e.g., 1 BTC = delta 1).
• Hedge Ratio: Spot delta / futures contract size (0.001 BTC).
• Formula: hedge_ratio = spot_delta / 0.001.

Bot Commands

• /monitor_risk <asset> <size> <threshold>: Start monitoring (e.g., /monitor_risk BTC 1.0 0.5).
• Inline button “Hedge Now”: Triggers hedging action.

Features

Feature	Description
/start	Welcome message
/monitor_risk <asset> <size> <threshold>	Calculates risk exposure
/hedge_now	Simulates hedge with calculated size
/hedge_status	Shows current hedge setup
/hedge_history	Shows all previous hedge actions
/hedge_chart	Sends bar chart of hedge sizes
/auto_hedge on/off	Auto-hedging toggle for 24x7 risk control

Sample Interaction

/monitor_risk BTC 1.5 0.3
 High risk for BTC!
 Suggested Hedge: 1.42 BTC

/hedge_now
 Simulated hedge executed for 1.42 BTC

/hedge_chart
[ Bar chart image]

/auto_hedge on
 Auto-Hedging Enabled

Limitations

• Supports only Bybit and BTC/USDT for demo.
• Simplified delta calculation; no gamma/theta/vega.
• No real trades (simulated for demo).

Deployment

Run python telegram_bot.py and interact via Telegram.